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26/07/2021
CMS ad­vises real es­tate in­vestor x+bricks on ac­cess­ing prop­erty port­fo­lio...
Düs­sel­dorf – The x+bricks Group has signed a con­di­tion­al pur­chase agree­ment with the SCP Group for 34 gro­cery-anchored prop­er­ties in Ger­many with a total rent­al area of some 425,000 square metres...
26/07/2021
CMS ad­vises Volk­swa­gen on joint ven­ture with En­el X to build ex­tens­ive...
Stut­tgart – Volk­swa­gen and En­el X are team­ing up to sup­port elec­tro­mobil­ity in Italy. The Ger­man car man­u­fac­turer and the En­el Group’s ad­vanced en­ergy solu­tions di­vi­sion have signed cor­res­pond­ing...
26/07/2021
European Com­mis­sion ap­proves amend­ments to Flem­ish aid schemes for start-ups,...
On 5 Ju­ly 2021, the European Com­mis­sion cleared new amend­ments to two ex­ist­ing Flem­ish aid schemes that were ap­proved in 2020 un­der sec­tions 3.1 and 3.3 of the Tem­por­ary Frame­work for State aid meas­ures...
23/07/2021
Fit for 55: A new cli­mate pack­age
On 14 Ju­ly 2021, the European Com­mis­sion pub­lished the largest le­gis­lat­ive pack­age re­lated to the cli­mate and en­ergy: “Fit for 55”. The main as­sump­tion of the new pack­age is a re­duc­tion of 55% in...
23/07/2021
GDPR 3 years on – The greatest hits (and misses)
More than three years have passed since the GDPR ap­plied and a lot has happened in the world of data pro­tec­tion dur­ing that time – fines, class ac­tions, court chal­lenges and more. We give our “playl­ist”...
22/07/2021
CMS ad­vises Biove­gan GmbH on ac­quis­i­tion of PURYA GmbH
Stut­tgart – Biove­gan GmbH, a com­pany based in Bone­feld (Rhine­land-Palat­in­ate) that spe­cial­ises in or­gan­ic ve­gan products, has ac­quired all the shares in Ham­burg-based PURYA GmbH, a man­u­fac­turer of or­gan­ic...
22/07/2021
CMS ad­vises Sin­gu­lus on suc­cess­ful bond re­struc­tur­ing
Düs­sel­dorf – The cred­it­ors of the cor­por­ate bond is­sued by SIN­GU­LUS TECH­NO­LO­GIES AG have ap­proved an amend­ment to the bond’s terms pro­posed by the is­suer. The de­cision was taken on 6 May 2021 in...
16/07/2021
CMS ad­vises Holtzbrinck Pub­lish­ing Group in con­nec­tion with the launch...
Stut­tgart - BC Part­ners has launched a single-as­set ac­quis­i­tion fund of one bil­lion euros with re­gard to its 47 per­cent stake in Spring­er Nature and has shif­ted its shares in the sci­ence pub­lish­er to...
16/07/2021
Re­struc­tur­ing plan and res­cue aid for TAR­OM: European Com­mis­sion opens...
The European Com­mis­sion de­cided on 5 Ju­ly 2021 to open an in-depth in­vest­ig­a­tion in­to the re­struc­tur­ing plan of the air­line TAR­OM no­ti­fied by Ro­mania in May 2021, as well as in­to the EUR 190 mil­lion aid...
16/07/2021
Data pro­tec­tion up­date: latest de­vel­op­ments on EU and UK trans­fers
Back­ground On 28 June 2021, the European Com­mis­sion is­sued two EU ad­equacy de­cisions fi­nally bring­ing to an end the un­cer­tainty over wheth­er trans­fers of per­son­al data from the EU to the UK could con­tin­ue...
15/07/2021
New EU Stand­ard Con­trac­tu­al Clauses: 10 things to know and im­plic­a­tions...
Last month, the EU Com­mis­sion pub­lished the new stand­ard con­trac­tu­al clauses for the trans­fer of per­son­al data from the EU (the “New EU SCCs”). The New EU SCCs will re­place the pre­vi­ous stand­ard con­trac­tu­al...
15/07/2021
COV­ID-19: The European Com­mis­sion ap­proves a fifth aid to Al­it­alia
On 2 Ju­ly 2021, the European Com­mis­sion au­thor­ised Itali­an aid of EUR 39.7 mil­lion for Al­it­alia. This aid meas­ure is in­ten­ded to com­pensate Al­it­alia for the dam­age suffered on cer­tain routes caused by...